Thomson Reuters in their recent newsletter have published a checklist regarding superannuation strategies for 2016 financial year. We believe it provides a very useful reference tool for the coming year. The new calendar year is a good time to conduct a superannuation health check and set some new goals to help boost superannuation savings. Although there […]
The government released draft legislation on 5th November 2015 in relation to 2015-16 Budget proposal to present a roll-over to permit small businesses to change their legal structure without any CGT liability. Small businesses may find that their appropriate structure may change over time or perhaps a new small business may select an initial legal […]
The Federal Government has published an “Innovation statement” aimed at making Australia a clever country and drive innovation. The Australian Financial Review has listed 11 offers from the Federal Government’s innovation statement worth more than $1 billion dollars. Stable science investment: By far the largest funding is reserved to provide stable funding for science infrastructure. […]
Russell Howcroft has been fighting for ideas all of his adult life, and he’s got the scars to prove it. During the two decades in the advertising industry, ideas were his secret weapon in the battle for the hearts and minds of clients and consumers. And today, as executive general manager of Australia’s Network Ten […]
SMSF’s Still On The Rise The June 2015 quarterly Self-managed Super Fund (SMSF) statistical report from the ATO highlights the continuing progression of self-managed super funds (SMSFs). 1.05 million Australians are now members of an SMSF. Further 556,998 SMSFs are collectively holding assets of $590 billion. The ATO indicated that is an estimate of 6% […]
The Australian Government has partnered with AusIndustry to offer companies that perform research the opportunity to gain additional tax concessions through the Research and Development Tax Incentive. If your company has performed any research throughout the year, is working on developing a new idea or has been developing software, you may be eligible for the […]
Here is when a human expert is not always best. In an increasingly connected world, argues investment strategist, academic and writer Michael Mauboussin, experts add less and less value to predictions. They are being outcompeted by computers on the one hand, and collective wisdom on the other. Back in 2008, Mauboussin dubbed this trend “the […]
Do you find it challenging to decide on the one accounting software product that works the best for you and your business? Should you use spreadsheets, purchase your own software or use subscription cloud based software? These are common questions that arise for business owners when it comes to decision making. With the growing quantity […]